Bjørn Dale
Bjørn Dale,Managing Director,DNO
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Norway’s oil and gas operator DNO is set to acquire an additional stake in the Baeshiqa license, located in the Kurdistan Region of Iraq, approximately 60 kilometers west of Erbil. The company plans to acquire a 32% stake in the project from American oil major ExxonMobil, bringing DNO’s operated stake up to 64%. DNO became the operator of the license three years ago, and the company’s chairman said the potential acquisition signalled the company’s belief in the project’s ‘ultimate potential.’
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